Flexible financing meets real ownership
Drive the car you want with lower monthly payments and the freedom to buy when the time is right. Lease Plus puts you in control from day one.
- No money down
- A payment you can afford
- Reduces your risk of negative equity
Why Pay For The Whole Car?
GUARANTEED FUTURE VALUE (GFV) $18,500
PAY FOR WHAT YOU USE $21,500
How Lease Plus Works
Eligible Vehicles
Future year, current year, and used vehicles up to five years old
Financing Terms
24 to 72 months
Residual Value
Established based on the term of the loan using industry approved guidelines similar to leasing
Payments
The difference between what you pay for the vehicle and the residual value is used to determine the principal portion of your payment, which results in a lower monthly payment than conventional financing
Options
At any time during your loan term:
At loan maturity:
- Sell the vehicle, pay the loan balance (including residual value) and keep any difference
- Use the vehicle as a trade-in, and the loan balance (including residual value) is paid as part of the transaction
- Keep the vehicle and refinance the loan balance (including residual value) as a used vehicle loan
At loan maturity:
- Return the vehicle and “walk away” from the residual value